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Sam Bankman-Fried Appeals Fraud Conviction, Prosecutors ‘Eager for Quick Headlines’
Sam Bankman-Fried Appeals Conviction: Sam Bankman-Fried, founder of #FTX. has filed for a new trial, claiming he was denied a fair hearing during his initial fraud conviction.
Claim of Media Focus by Prosecutors: His legal team argues that federal prosecutors were more focused on securing quick headlines rather than ensuring justice during his trial.
Conviction and Sentence: Bankman-Fried was convicted of fraud and money laundering related to the collapse of FTX, leading to a 25-year prison sentence.
FTX Collapse: FTX, once a major #cryptocurrencyexchange , collapsed in 2022, causing billions in customer losses. Prosecutors accused Bankman-Fried of diverting funds to cover financial shortfalls in his hedge fund, #AlamedaResearch .
Allegations of Unfair Narrative: #SamBankman-Fried legal team argues the narrative presented at trial was inaccurate and new evidence shows FTX was not insolvent, with sufficient assets to repay customers.
Sullivan & Cromwell (S&C) Involvement: The filing criticizes the role of the law firm Sullivan & Cromwell, accusing them of bias and over-involvement in prosecutorial work for financial gain.
Caroline Ellison’s Legal Situation: Caroline Ellison, former CEO of Alameda Research, is seeking leniency, with her legal team advocating for time served due to her cooperation with authorities.
Claim of Media Focus by Prosecutors: His legal team argues that federal prosecutors were more focused on securing quick headlines rather than ensuring justice during his trial.
Conviction and Sentence: Bankman-Fried was convicted of fraud and money laundering related to the collapse of FTX, leading to a 25-year prison sentence.
FTX Collapse: FTX, once a major #cryptocurrencyexchange , collapsed in 2022, causing billions in customer losses. Prosecutors accused Bankman-Fried of diverting funds to cover financial shortfalls in his hedge fund, #AlamedaResearch .
Allegations of Unfair Narrative: #SamBankman-Fried legal team argues the narrative presented at trial was inaccurate and new evidence shows FTX was not insolvent, with sufficient assets to repay customers.
Sullivan & Cromwell (S&C) Involvement: The filing criticizes the role of the law firm Sullivan & Cromwell, accusing them of bias and over-involvement in prosecutorial work for financial gain.
Caroline Ellison’s Legal Situation: Caroline Ellison, former CEO of Alameda Research, is seeking leniency, with her legal team advocating for time served due to her cooperation with authorities.
Binance Temporarily Suspends Services on Tron Network. Here’s Why!
The #cryptocurrencyexchange Binance has announced scheduled wallet maintenance for the Tron Network (#TRX✅ ), which will take place on October 10, 2024, at 10:00 AM ET.
Binance Schedules Tron Wallet Maintenance
Binance, one of the world’s largest cryptocurrency exchanges, has planned wallet maintenance for the #TronNetwork (TRX) on October 10, 2024, at 10:00 AM ET. This maintenance will temporarily suspend some services related to the Tron network.
Tron Network Maintenance Details
The maintenance schedule is as follows:
Start of Maintenance: October 10, 2024, 10:00 AM ETSuspension of Deposits and Withdrawals: Starting at 09:55 AM ETEstimated Duration: Approximately one hour
During this period, users will not be able to deposit or withdraw tokens from the Tron network. However, trading of Tron (TRX) tokens will remain unaffected and continue as usual.
Service Resumption After Maintenance
Deposits and withdrawals of Tron (TRX) tokens will resume as soon as the maintenance is complete and the network is confirmed to be stable. Binance does not plan to issue any further announcements after the successful completion of the maintenance.
Recommendations for Users
Users are advised to plan their operations accordingly to avoid any disruptions before the scheduled maintenance begins.
Stay one step ahead – follow our profile and stay informed about everything important in the world of #Cryptocurrencies !
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Binance Schedules Tron Wallet Maintenance
Binance, one of the world’s largest cryptocurrency exchanges, has planned wallet maintenance for the #TronNetwork (TRX) on October 10, 2024, at 10:00 AM ET. This maintenance will temporarily suspend some services related to the Tron network.
Tron Network Maintenance Details
The maintenance schedule is as follows:
Start of Maintenance: October 10, 2024, 10:00 AM ETSuspension of Deposits and Withdrawals: Starting at 09:55 AM ETEstimated Duration: Approximately one hour
During this period, users will not be able to deposit or withdraw tokens from the Tron network. However, trading of Tron (TRX) tokens will remain unaffected and continue as usual.
Service Resumption After Maintenance
Deposits and withdrawals of Tron (TRX) tokens will resume as soon as the maintenance is complete and the network is confirmed to be stable. Binance does not plan to issue any further announcements after the successful completion of the maintenance.
Recommendations for Users
Users are advised to plan their operations accordingly to avoid any disruptions before the scheduled maintenance begins.
Stay one step ahead – follow our profile and stay informed about everything important in the world of #Cryptocurrencies !
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
_📮Kraken Unveils Desktop Trading App: Elevated Crypto Trading Experience 🚀_
$BTC $BNB $SOL 🌏⤴️🪙
Kraken, a renowned cryptocurrency exchange, has launched its highly-anticipated desktop trading app, revolutionizing the trading landscape.
_App Features 📊_
- Intuitive interface for seamless trading
- Advanced charting and technical analysis tools 📈
- Real-time market data and customizable alerts 📊
- Multi-account management for streamlined control
_Trading Capabilities 💰_
- Spot and futures trading
- Margin trading with risk management
- Stop-loss and take-profit orders
- Advanced order types for sophisticated traders
_Security Enhancements 🔒_
- Enhanced encryption for secure data storage
- Two-factor authentication for added protection
- Regular updates for vulnerability patches
_System Requirements 💻_
- Windows 10 or macOS High Sierra+
- 4GB RAM or more for smooth performance
- 1GB storage space for seamless operation
_Expert Insights 💡_
"Kraken's desktop app sets new standards for crypto trading."
"Advanced features empower traders to make informed decisions."
"Security and performance are top priorities."
_User Benefits 🌟_
- Faster execution and reduced latency
- Customizable workspace for personalized trading
- Enhanced performance and reliability
_Conclusion 🌐_
Kraken's desktop trading app elevates the crypto trading experience, offering a robust, secure, and intuitive platform for traders. With advanced features and enhanced security, Kraken solidifies its position as a leading cryptocurrency exchange.
#BNBChainMemecoins #Debate2024 #cryptocurrencyexchange #TradingInnovation
$BTC $BNB $SOL 🌏⤴️🪙
Kraken, a renowned cryptocurrency exchange, has launched its highly-anticipated desktop trading app, revolutionizing the trading landscape.
_App Features 📊_
- Intuitive interface for seamless trading
- Advanced charting and technical analysis tools 📈
- Real-time market data and customizable alerts 📊
- Multi-account management for streamlined control
_Trading Capabilities 💰_
- Spot and futures trading
- Margin trading with risk management
- Stop-loss and take-profit orders
- Advanced order types for sophisticated traders
_Security Enhancements 🔒_
- Enhanced encryption for secure data storage
- Two-factor authentication for added protection
- Regular updates for vulnerability patches
_System Requirements 💻_
- Windows 10 or macOS High Sierra+
- 4GB RAM or more for smooth performance
- 1GB storage space for seamless operation
_Expert Insights 💡_
"Kraken's desktop app sets new standards for crypto trading."
"Advanced features empower traders to make informed decisions."
"Security and performance are top priorities."
_User Benefits 🌟_
- Faster execution and reduced latency
- Customizable workspace for personalized trading
- Enhanced performance and reliability
_Conclusion 🌐_
Kraken's desktop trading app elevates the crypto trading experience, offering a robust, secure, and intuitive platform for traders. With advanced features and enhanced security, Kraken solidifies its position as a leading cryptocurrency exchange.
#BNBChainMemecoins #Debate2024 #cryptocurrencyexchange #TradingInnovation
🚨 NEWS ALERT 🚨
Russia is gearing up to launch two government-backed #cryptocurrencyexchange , according to a report by Kommersant.
The initiative, which is a significant move in the country’s #digitalfinance landscape, also includes plans to introduce stablecoins pegged to the Chinese Yuan and the forthcoming #BRICS currency.
#NewsAboutCrypto #CryptoNewsCommunity
Russia is gearing up to launch two government-backed #cryptocurrencyexchange , according to a report by Kommersant.
The initiative, which is a significant move in the country’s #digitalfinance landscape, also includes plans to introduce stablecoins pegged to the Chinese Yuan and the forthcoming #BRICS currency.
#NewsAboutCrypto #CryptoNewsCommunity
🚨 NEWS ALERT 🚨
🚀🚀In a significant market development, Crypto.com has surpassed Coinbase in trading volume, driven by growing institutional demand.
📢 The surge in volume was largely fueled by new #Traditional finance (TradFi) institutions entering the market, along with the launch of the first spot Ether ETFs.
This milestone marks a notable shift in the competitive landscape of #cryptocurrencyexchange , highlighting Crypto.com's increasing appeal to institutional investors.
🔴 Key Highlights:
🔘 Trading Volume: #crypto.com surpasses #CoinbaseExchange. .
🔘 Drivers: Increased participation from TradFi institutions and the introduction of spot Ether #ETFs. .
🔘 Market Impact: Demonstrates the growing influence of institutional demand in the crypto market.
📢 This development underscores the expanding role of traditional financial players in the cryptocurrency space, contributing to greater market liquidity and maturity.
🚀🚀In a significant market development, Crypto.com has surpassed Coinbase in trading volume, driven by growing institutional demand.
📢 The surge in volume was largely fueled by new #Traditional finance (TradFi) institutions entering the market, along with the launch of the first spot Ether ETFs.
This milestone marks a notable shift in the competitive landscape of #cryptocurrencyexchange , highlighting Crypto.com's increasing appeal to institutional investors.
🔴 Key Highlights:
🔘 Trading Volume: #crypto.com surpasses #CoinbaseExchange. .
🔘 Drivers: Increased participation from TradFi institutions and the introduction of spot Ether #ETFs. .
🔘 Market Impact: Demonstrates the growing influence of institutional demand in the crypto market.
📢 This development underscores the expanding role of traditional financial players in the cryptocurrency space, contributing to greater market liquidity and maturity.